Sources: Alcrete LLC, Oakbrook Terrace, Ill.; CP staff
Alcrete LLC has acquired Benton Precast LLC of Conway, S.C., the third such transaction the producer has announced this year. Launched in 2019 as a Benton Concrete & Utilities LLC subsidiary, the business extends a Southeast region presence beyond current Alcrete operations in North Carolina, Alabama, Florida and Kentucky. “I believe Alcrete will be a great steward of the company and continue to build upon the foundation we have established,” says President Autry Benton Jr. “The employees of Benton Precast will be in good hands.”
“The addition of production capabilities in South Carolina is a natural expansion of our footprint,” affirms Alcrete CEO Justin Norman. “The Benton family has as long history of success with their concrete operations, and we are excited to purchase the precast subsidiary and combine with Alcrete.” The transaction includes Benton Precast’s 17-acre site, plant facilities and equipment, along with a skilled workforce enabling Alcrete to increase production capabilities and competitiveness in nonarchitectural precast, he adds.
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